RIYAD REIT

Riyad REIT

4330REITsTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	293.93M	307.53M	275.56M	248.50M	186.02M
Interest Expense	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Pretax Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Rental Revenue	264.47M	257.98M	210.41M	180.06M	141.14M
Property Expenses	106.37M	105.63M	84.39M	66.96M	53.66M
Operating Income	91.61M	107.42M	112.41M	105.56M	65.59M
EPS (Basic)	-1.09	0.13	0.52	0.56	0.26
EPS (Diluted)	-1.09	0.13	0.52	0.56	0.26
DPS	0.31	0.40	0.69	0.74	0.45
Margins & Efficiency
Net Margin %	-63.7%	+7.0%	+32.3%	+38.9%	+24.2%
Revenue & Income
Revenue Growth (YoY)	-4.4%	+11.6%	+10.9%	+33.6%	+2.7%
Revenue RE	293.93M	307.53M	275.56M	248.50M	186.02M
Rental Revenue	264.47M	257.98M	210.41M	180.06M	141.14M
Gain Investments RE	-125.31M	0.30M	20.54M	18.98M	—
Expenses & Provisions
SG&A RE	57.89M	57.94M	45.49M	43.31M	42.11M
Total Operating Expenses RE	202.32M	200.11M	163.15M	142.94M	120.43M
Interest Expense RE	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Other Non Oper Exp Suppl RE	17.21M	14.89M	5.96M	-0.10M	0.42M
Property Expenses	106.37M	105.63M	84.39M	66.96M	53.66M
Asset Writedown	-67.51M	—	—	—	—
D&A For EBITDA	33.60M	33.79M	30.96M	30.96M	24.65M
Dep Amor RE	33.60M	33.79M	30.96M	30.96M	24.65M
Profitability & Returns
EBIT	91.61M	107.42M	112.41M	105.56M	65.59M
EBIT Margin	+31.2%	+34.9%	+40.8%	+42.5%	+35.3%
EBITDA	125.21M	141.21M	143.37M	136.53M	90.25M
EBITDA Margin	+42.6%	+45.9%	+52.0%	+54.9%	+48.5%
EBT Excl RE	5.54M	21.35M	68.39M	77.57M	45.06M
Pretax Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Operating Income RE	91.61M	107.42M	112.41M	105.56M	65.59M
Operating Margin	+31.2%	+34.9%	+40.8%	+42.5%	+35.3%
Profit Margin	-63.7%	+7.0%	+32.3%	+38.9%	+24.2%
Net Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income to Common	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income Growth	—	-75.7%	-7.9%	+114.3%	-36.4%
Net Interest Expense RE	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Per Share & Capital
EPS (Basic)	-1.09	0.13	0.52	0.56	0.26
EPS (Diluted)	-1.09	0.13	0.52	0.56	0.26
EPS Growth	—	-75.7%	-7.9%	+114.3%	-36.4%
Dividend Per Share	0.31	0.40	0.69	0.74	0.45
Shares Outstanding (Basic)	171.70M	171.70M	171.70M	171.70M	171.70M
Shares Outstanding (Diluted)	171.70M	171.70M	171.70M	171.70M	171.70M
Dividend Growth	-22.5%	-42.0%	-6.8%	+64.4%	-8.2%
FFO	21.90M	55.44M	119.89M	127.51M	69.71M
FFO Payout Ratio	+235.2%	+154.8%	+130.3%	+70.0%	+110.8%
AFFO	21.90M	55.44M	119.89M	127.51M	69.71M
Payout Ratio	—	+396.5%	+175.7%	+92.5%	+171.5%

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	293.93M	307.53M	275.56M	248.50M	186.02M
Interest Expense	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Pretax Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Rental Revenue	264.47M	257.98M	210.41M	180.06M	141.14M
Property Expenses	106.37M	105.63M	84.39M	66.96M	53.66M
Operating Income	91.61M	107.42M	112.41M	105.56M	65.59M
EPS (Basic)	-1.09	0.13	0.52	0.56	0.26
EPS (Diluted)	-1.09	0.13	0.52	0.56	0.26
DPS	0.31	0.40	0.69	0.74	0.45
Margins & Efficiency
Net Margin %	-63.7%	+7.0%	+32.3%	+38.9%	+24.2%
Revenue & Income
Revenue Growth (YoY)	-4.4%	+11.6%	+10.9%	+33.6%	+2.7%
Revenue RE	293.93M	307.53M	275.56M	248.50M	186.02M
Rental Revenue	264.47M	257.98M	210.41M	180.06M	141.14M
Gain Investments RE	-125.31M	0.30M	20.54M	18.98M	—
Expenses & Provisions
SG&A RE	57.89M	57.94M	45.49M	43.31M	42.11M
Total Operating Expenses RE	202.32M	200.11M	163.15M	142.94M	120.43M
Interest Expense RE	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Other Non Oper Exp Suppl RE	17.21M	14.89M	5.96M	-0.10M	0.42M
Property Expenses	106.37M	105.63M	84.39M	66.96M	53.66M
Asset Writedown	-67.51M	—	—	—	—
D&A For EBITDA	33.60M	33.79M	30.96M	30.96M	24.65M
Dep Amor RE	33.60M	33.79M	30.96M	30.96M	24.65M
Profitability & Returns
EBIT	91.61M	107.42M	112.41M	105.56M	65.59M
EBIT Margin	+31.2%	+34.9%	+40.8%	+42.5%	+35.3%
EBITDA	125.21M	141.21M	143.37M	136.53M	90.25M
EBITDA Margin	+42.6%	+45.9%	+52.0%	+54.9%	+48.5%
EBT Excl RE	5.54M	21.35M	68.39M	77.57M	45.06M
Pretax Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Operating Income RE	91.61M	107.42M	112.41M	105.56M	65.59M
Operating Margin	+31.2%	+34.9%	+40.8%	+42.5%	+35.3%
Profit Margin	-63.7%	+7.0%	+32.3%	+38.9%	+24.2%
Net Income	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income to Common	-187.28M	21.65M	88.93M	96.55M	45.06M
Net Income Growth	—	-75.7%	-7.9%	+114.3%	-36.4%
Net Interest Expense RE	-103.28M	-100.96M	-49.98M	-27.89M	-20.96M
Per Share & Capital
EPS (Basic)	-1.09	0.13	0.52	0.56	0.26
EPS (Diluted)	-1.09	0.13	0.52	0.56	0.26
EPS Growth	—	-75.7%	-7.9%	+114.3%	-36.4%
Dividend Per Share	0.31	0.40	0.69	0.74	0.45
Shares Outstanding (Basic)	171.70M	171.70M	171.70M	171.70M	171.70M
Shares Outstanding (Diluted)	171.70M	171.70M	171.70M	171.70M	171.70M
Dividend Growth	-22.5%	-42.0%	-6.8%	+64.4%	-8.2%
FFO	21.90M	55.44M	119.89M	127.51M	69.71M
FFO Payout Ratio	+235.2%	+154.8%	+130.3%	+70.0%	+110.8%
AFFO	21.90M	55.44M	119.89M	127.51M	69.71M
Payout Ratio	—	+396.5%	+175.7%	+92.5%	+171.5%